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Forex Trend Analysis Report

Prepared for you on Sunday, August 14, 2022.

Polish New Zloty/Swedish Krona (FOREX:PLNSEK)

Bull Market Weakness (+75) - PLNSEK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PLNSEK as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid PLNSEK?

MarketClub looks at technical strength and momentum to determine if the timing is right for PLNSEK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_PLNSEK
Open High Low PLNSEK Price Change
2.21600 2.25095 2.21270 2.24935 +0.03335
Entry Signal

MarketClub’s Trade Triangles for PLNSEK

long term down The long-term trend has been DOWN since Mar 4th, 2022 at 2.19405

intermediate term up The intermediate-term trend has been UP since Aug 10th, 2022 at 2.21745

short term up The short-term trend has been UP since Aug 1st, 2022 at 2.20300

Smart Scan Analysis for PLNSEK

Based on our trend formula, PLNSEK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for PLNSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.21600 2.25095 2.21270 2.24935 +0.03335
Prev. Close Volume Bid Ask Time
2.21600 2022-08-12 17:08:45
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